Cody Willard: Why I'm Dumping Zynga Shares

10/5/2012 4:39PM

Zynga shares tumbled today after the company forecast a third quarter net loss and lowered it's financial outlook. MarketWatch's Cody Willard on The News Hub explains why he'd giving up on the company and dumping its shares. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... well one thing that I was saying a lot has changed down ... while the sun approximately that's the after hours to get at the ready getting pounded ... the Waylon ... of MarketWatch and into a frequent guest on the show joins us now on the phone from New Mexico ... Cody you said you've had it was a guy I knew it it's time to dump the stock tell us why ... there are ... a ... good ... idea to explain to my readers the tree ... for the past him to stay in the checking account ... now ... and ... the good ... or bad ... Apple back to ... them ... and to open ... between the ... government thought they had before for sure I'm the ... thing kind of ... will you know but ... preheat ... and there was never released ... making the iPhone ... yesterday was ... three ... nine ... hundred and five million dollars ... the management ability to generate and ... traders and director ... he did ... and as a last sale ... of you isn't to your readers ... it's quite hard to walk away from tobacco listen and tell us how you how you get out at one with that makes the that that that the move ... the ... the winner ... like that but ... you're absolutely right and ... it can be ... the vision of my readers know ... that that that many women ... and from ... write to the propylene ... overturned ... return from ... I ... and to ... and the group are welcome to your listeners and loyal readers ... make sure that you are putting your capital employed in the UK ... McCormick ... thank you very much to price when you when you have a way that I will be calling you to discuss ... father thank you very much to the will of MarketWatch columnist